Half of Americans say they could not afford an emergency - KWWL - Eastern Iowa Breaking News, Weather, Closings

Half of Americans say they could not afford an emergency

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WATERLOO (KWWL) -

The Bureau of Economic Research says many of us would have a hard time meeting an emergency.

A study shows about half of Americans say they could not raise $2,000 within 30 days.

That means an expensive car repair or home breakdown might not be fixable for most.

And among developed countries, citizens of the U.S. And U.K. are least able to handle a financial emergency.

Those best able are Canada, the Netherlands and Italy.

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